Economics is not a highly sophisticated field of thought.

Economics is not a highly sophisticated field  of thought.

You don't need to be an economist to know  what was wrong in the past.

And about the future, careful economic analysis  and data are unable to kill personal interest and ideology at time of making tough choices.

Another victim of Fed exporting inflation overseas:

Another victim of Fed  exporting inflation overseas:

Turkey

Inflation rate (consumer prices):
9.1% (2012 est.)

SOURCE: 2013 CIA WORLD FACTBOOK

Another typical effect:

Antigovernment protests spread as more than  100,000 people took to the streets across Turkey.

Every government knows that the only way they do anything is the way they've always been doing it:

Every government knows that the only way they do anything is the way they've always been doing it: proposing to expand its reach into  the existence of a massive government.

Personal income in U.S. in March 2013

Personal income is an individual’s total earnings from wages, investment interest, and other sources.

Disposable income is total personal income minus personal current taxes.

In March 2013, according to the Bureau of Economic Analysis (BEA)

Personal income  was:               
$49,584.00   

and

Disposable personal income (DPI)   
 $33,216.00

How many hedge funds are in the U.S.?

Hedge-fund databases, BarclayHedge  contains 4996 hedge funds and 24376 Funds (hedge funds + Fund of Fund) .

Morningstar’s hedge fund database contains data on 7,000 actively reporting funds from more than 3,700 managers. Additionally, Morningstar offers historical information on more than 12,000 dead hedge funds.

One man alone means everything

One man alone means everything

IRS employees ratios compared with Germany

IRS employees ratios compared with Germany

The IRS has 93,337  employees.
According to the IRS 2009 Data Book.

United States of America - population:

311,591,917 (2011)

One IRS employee for 3,338 Americans

Germany - population

81,726,000 (2011)

The German IRS, the BZSt, has 1,400 employees
According to the Bundesministerium der Finanzen 2006 Data Book.

One BZSt (IRS German equivalent) employee for 5,837 Germans.